CAP-XX Limited has announced the appointment of Dr. Alex Bilyk as Chief Technology Officer (CTO) and provided an update on the company's technology developments. Dr. Bilyk, who has a strong background in supercapacitors and industrial research, has been instrumental in driving innovation in energy storage at CAP-XX for the last ten years. The company has also made progress in the development of two new important products: the DMH Prismatic Series and the SMT Cylindrical Series.

The DMH Prismatic Series, which are pouch supercapacitors less than 500 microns thick, have reached the sample stage for customer evaluation. These supercapacitors, measuring 20mm x 20mm x 0.4mm, offer a thin form factor while maintaining high-power performance, making them suitable for applications such as smart cards and wearable devices. CAP-XX has successfully completed the initial laboratory evaluation of the pre-series batch and is now ready for customer evaluation.

The SMT Cylindrical Series, a class of cylindrical supercapacitors utilizing the Company's unique surface mount technology, has also made significant progress. The company has successfully completed trials using a production reflow oven, allowing the supercapacitors to be soldered onto printed circuit boards using the preferred industry method. This development is expected to accelerate the growth in supercapacitor sales by eliminating a key barrier for technology uptake for many potential high-volume customers.

Lars Stegmann, CAP-XX Chief Executive, expressed confidence in Dr. Bilyk's new role as CTO and the potential of the DMH and SMT products to be significant revenue contributors to CAP-XX in the coming years. The company's progress in technology and product development reflects its commitment to advancing energy storage solutions and expanding its market reach.